After a solid month-to-month and robust year-over-year December gain, market commentary indicates prolonged strong activity through the first half of 2026.Â
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The Midwest-based company rebranded from General Fasteners Company during 2025 and has rapidly expanded its warehouse footprint in recent months.
The U.S. Supreme Court struck down Trump's tariffs with a 6-3 decision, though the president hit back with a pledged new one on Friday before raising it a day later. Meanwhile, the potential refund process remains an open question.
The new leader will succeed current CEO Steve Henry, who is retiring after 16 years with the company.
The 11-year Continental veteran was previously VP of marketing and straegy for the company's Industrial Solutions Americas unit.
The promotion follows Border States' former VP of Procurement taking leadership of its Industrial Solutions unit.
Economists had expected December's starts to be flat vs. November.
It topped consensus estimates by a healthy margin, though December’s gain was revised lower.
Meanwhile, the hardware products distributor’s annual sales hit a new company record.
Watsco's seasonally heavy 4Q reflected continued lower sales and volumes post-A2L transition, offset by higher prices helping to boost margins.
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Tencara adds product depth and technical expertise to serve Western Pennsylvania, Eastern Ohio and West Virginia.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
ETS strengthens Aberdeen’s presence in fluid power and sealing markets, fortifying its hydraulic, pneumatic, electro-mechanical and fluid conveyance capabilities.
The company eyes continued expansion across Texas and surrounding states via acquisitions and greenfields.
The monthly CPI had its slowest acceleration since May, and core inflation had its smallest annual move since early 2021.
The news comes just two days after the company announced the opening of a large new distribution center in South Carolina.
Total December sales had modest growth, but were helped by an additional selling day vs. a year earlier.
It adds two Garden State locations for Johnstone.
Border States adds four new Nevada locations with employee-owned WEDCO.
